Reimbursement According to a __________ Means That Hospitals Reported Actual

question 61

Multiple Choice

Reimbursement according to a __________ means that hospitals reported actual charges for inpatient care to payers after discharge of the patients from the hospital.

• A) prospective cost-based rate
• B) prospective price-based rate
• C) retrospective reasonable cost system
• D) site-of-service differential

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Definitions:

Merchandise Trade Deficit

A situation where a country's imports of goods exceed its exports of goods over a given period, leading to a negative balance of trade.

Service Trade Deficit

The situation where the value of a country's imports of services exceeds the value of its exports of services.

Capital Account Surplus

A situation where the inflows of foreign capital exceed the outflows, often reflecting in a nation's balance of payments.

Reserve Currency

A foreign currency held in large quantities by governments and institutions as part of their foreign exchange reserves.